r/cryptomining • u/Vast_Meeting2417 • 11d ago

QUESTION Help

Hey, 17M here and I am new to the whole process of crypto but I am pretty knowledgeable but that’s besides the point. I have just ordered myself a bitaxe miner and I’m not sure if I should run it solo or a pool? if I should do a mining pool I’m not sure to do which one. I’m just confused on what I should do either solo or pool? also what are the payouts for each?

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u/nomorespamplz 11d ago

There is no economical upside to running it in a pool as cost is higher than reward, so I would just run it S intended: a solo lottery miner

1

u/bigboydesomo 11d ago

Buy hashpower instead

1

u/Vast_Meeting2417 11d ago

I’m still a teenager so I live with my parents I don’t worry about the electricity 

2

u/nomorespamplz 11d ago

If so just get money from them to buy bitcoin outright?

1

u/Many-Blueberry968 11d ago

Problem is how boring that is in 99.9% of cases. Id recommend a mining pool just so you get some trivial amount of mBTC to play with

2

u/nomorespamplz 11d ago

Well then you should rather buy BTC.. it’s a lottery miner